#FTX Bankruptcy Explained! #CryptoMarket $Crypto #TipTopCoin

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FTX, the cryptocurrency exchange recently valued at $32 billion dollars, has filed for bankruptcy protection in the US.

The filing in Delaware federal court on Friday included the main FTX international exchange, FTX US a US crypto marketplace, Sam Bankman-Fried’s proprietary trading group Alameda Research and about 130 affiliated companies.

In today’s video we discuss what went wrong at FTX, and discuss the influencers who pitched FTX to their audiences.

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Name Price24H (%)
Bitcoin (BTC)
$16,529.29
0.15%
Ethereum (ETH)
$1,212.10
0.94%
Tether (USDT)
$1.00
0.09%
BNB (BNB)
$313.52
4.34%
USD Coin (USDC)
$1.00
-0.01%
Binance USD (BUSD)
$1.00
0.09%
XRP (XRP)
$0.402618
-1.66%
Dogecoin (DOGE)
$0.090852
1.99%
Cardano (ADA)
$0.315925
0.16%
Polygon (MATIC)
$0.85
1.13%
Polkadot (DOT)
$5.34
1.09%
Lido Staked Ether (STETH)
$1,189.36
0.94%
Litecoin (LTC)
$77.08
3.45%
Shiba Inu (SHIB)
$0.000009
-0.75%
OKB (OKB)
$21.14
0.89%
Dai (DAI)
$1.00
0.00%
Solana (SOL)
$14.23
0.06%
TRON (TRX)
$0.053067
0.19%
Uniswap (UNI)
$5.44
0.05%
Avalanche (AVAX)
$12.80
-0.63%
LEO Token (LEO)
$4.02
4.22%
Wrapped Bitcoin (WBTC)
$16,444.73
1.22%
Cosmos Hub (ATOM)
$10.16
1.38%
Ethereum Classic (ETC)
$20.01
-0.30%
The Open Network (TON)
$1.72
0.42%
Monero (XMR)
$138.45
1.36%
Stellar (XLM)
$0.089076
-1.17%
Bitcoin Cash (BCH)
$112.76
-0.56%
Quant (QNT)
$121.68
2.55%
Algorand (ALGO)
$0.241979
-0.47%
Cronos (CRO)
$0.065005
-1.02%
Filecoin (FIL)
$4.32
0.75%
VeChain (VET)
$0.019055
0.39%
NEAR Protocol (NEAR)
$1.61
-1.82%
ApeCoin (APE)
$3.58
10.95%
Hedera (HBAR)
$0.049957
1.18%
Frax (FRAX)
$1.00
0.03%
Flow (FLOW)
$1.13
0.53%
Internet Computer (ICP)
$3.93
1.02%
MultiversX (Elrond) (EGLD)
$43.68
3.21%
EOS (EOS)
$0.93
-0.69%
Terra Luna Classic (LUNC)
$0.000161
1.12%
Huobi (HT)
$7.12
6.36%
Chiliz (CHZ)
$0.173994
0.71%
Theta Network (THETA)
$0.92
-0.17%
Chain (XCN)
$0.042573
-0.72%
Pax Dollar (USDP)
$1.00
0.18%
Tezos (XTZ)
$0.99
0.23%
The Sandbox (SAND)
$0.57
0.54%
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